Roger Galatas Interests

Current Affiliations

Urban Land Institute (ULI)
Washington, DC

Full Member
Former Trustee and Officer

Biltmore Farms Inc.
Asheville, NC

Board of Directors

Center for Houston's Future
Houston, TX

Serves on the Advisory Council

Greater Houston Health Information Exchange
Houston, TX

Board of Directors

Past Affiliations

The Trust for Public Land
San Francisco, CA

Member, National Real Estate Advisory Committee

Memorial Hermann Hospital System
Houston, TX

Board of Directors

Town Center Improvement District
The Woodlands, TX

Board of Directors

Conroe Independent School District
Montgomery County, TX

President, Board of Trustees

Grand Parkway Association
Houston, TX
A Transportation Agency of the State of Texas

Board of Directors

Environmental Task Force of ULI
Washington, DC

Chair of Task Force

John Cooper School
The Woodlands, TX

Founding Director

The Woodlands Medical Center, Inc.
The Woodlands, TX

Founding Director

The Nature Conservancy
Washington, DC

Member National Real Estate Advisory Committee

Stewart Title Company of Montgomery County, TX
Board of Directors

United Way of Montgomery County, TX
Board of Directors

Center for Houston's Future
Houston, TX

Board of Directors and Executive Committee
Chair of the Strategic Planning Committee

Business Profile

Roger Galatas Interests provides advisory and development services to owners, investors, developers and executive management of real estate ventures with a focus on master planned communities.

Previously, Mr. Galatas served as President and C.E.O. of The Woodlands Operating Company, L.P. and directed all the company's real estate activities related to the 28,000-acre new community of The Woodlands located just north of Houston, Texas. He was responsible for the full range of business activities and strategic planning for the development, marketing, management and financial performance of all the company's assets. During his 20-year tenure, The Woodlands grew from a vision to reality and the company's financial position improved from an operating loss to an annual operating profit of $30 million. Cumulative capital invested by all parties in the community grew to $4 billion during that period. New home sales doubled to 1,100 per year, and population in the community grew to 60,000. More than 800 employers and 20,000 jobs were added through a host of major corporate moves to The Woodlands and a number of research driven venture capital start-ups. The Woodlands is internationally recognized and ranked among the top master planned communities in the United States. As of January 1, 2011 the population had grown to 97,000 with 47,000 jobs provided by 1700 employers.

Galatas also has been directly involved in the creation of several unique elements within The Woodlands including an 18,000-seat performing arts pavilion, an acute care hospital, and a private college preparatory school where President Bush (#41) delivered the school’s first commencement address.

Galatas played a key role in the restructuring and disposition of Mitchell Energy's real estate assets including the sale of timberlands, non-core assets and resorts for approximately $100 million and its major asset, The Woodlands Corporation, which was acquired by a partnership of Crescent Real Estate Equities Company and Morgan Stanley for approximately $543 million.

In addition to his real estate involvement, Galatas is actively engaged in a number of professional, community and civic activities, including health care, the environment, education and transportation.

Galatas was a founding director and coordinated the development of The Woodlands Hospital. He served on the Board of the Memorial Hermann Hospital System. In the area of education, Mr. Galatas was a founding director of The John Cooper School, a college preparatory school; President of the Board of Trustees of the Conroe Independent School District; and an elementary school was named in his honor.

Galatas is actively engaged at the national level in efforts to achieve a balance between important environmental objectives and economic growth. He served a Chair of the Urban Land Institute's (ULI) Environmental Forum, a Trustee and Officer of ULI and on the Real Estate Advisory Committee of the Trust for Public Land.

Mr. Galatas has served as a member of the Board of Directors of the Grand Parkway Association, a transportation agency of the Texas Department of Transportation.

For the past 25 years, Galatas has been actively involved in the development of major communities in the Houston region, including Kingwood, The Woodlands and Woodlake. He has also been involved in resort development on Galveston Island and at Aspen and Steamboat Springs, Colorado. His experience involves the development, marketing and sale of projects valued at more than $2.5 billion.

Real Estate Management Experience

Houston, Texas Area

The Woodlands — a 28,000-acre master planned community nationally recognized as one of the more successful in the United States. Currently (1/1/2011) assessed property value exceeds $13 billion with a population of approximately 97,000 and 47,000 jobs provided by some 1700 employers.

Kingwood — a 14,000-acre master planned community developed jointly by Exxon and the King Ranch. Essentially completed with 60,000-plus residents.

Woodlake — a 400-acre mixed use development at the intersection of Westheimer and Gessner Road in Houston, Texas.

WindRose — a 1,200-acre master planned residential/golf community in north Harris County, Houston, Texas.

30,000 Acres of Timberland — managed and marketed 30,000 acres of pine timberland in Montgomery County, Texas.

Warren Ranch — a 6,400-acre working ranch in Harris County, Texas and under family ownership since 1800’s was marketed and sold to an environmental conservancy.

Woodard Ranch — a 6,600-acre timberland in Montgomery County, Texas converted to active development project through entitlement, planning and successful marketing.

ELR Development — a 24-acre "in-fill" residential property surrounded by residential neighborhoods developed by The Woodlands Development Company. Obtained entitlements and marketed property to upscale homebuilder.

Conroe Industrial Development corporation (CIDC) — served as an advisor to CIDC in its planning, evaluation and ultimate acquisition of land for expansion of its industrial park and proposed Deison Technology Park adjacent to Lone Star Executive Airport in Conroe, Texas.

The George Foundation — served as an Executive Advisor to the Board of Trustees of this charitable foundation located in Fort Bend County, Texas.

Galveston, Texas

Pirates' Beach and Cove — an upscale resort community surrounding the Galveston Country Club.

Lafitte's Cove — a resort community with orientation to Galveston Bay.

Colorado

Owl Creek Ranch — a 1,700-acre primary/second home community in a resort setting extending from Aspen to Snowmass, Colorado. Includes some of the more expensive homes in the United States.

Lake Catamount — a 3,100-acre resort development near Steamboat Springs, Colorado.

Mississippi

Tradition — a 4,600-acre master planned community programmed for 10,000 to 12,000 dwelling units plus approximately 2,000,000 square feet of non-residential space. Project is located twelve miles inland from Gulf Coast and extensive casino/hotel/resort developments.

North Carolina

Biltmore Farms Inc. — a family owned real estate development company with a focus on community development including residential, commercial, and hospitality components.

Development, Marketing and Sales Activity

During the past 25 years, Galatas has been directly or indirectly involved in the development, marketing and sale of more than $2.5 billion of real estate including residential and commercial land, office and retail facilities, homes, resorts, communities and going concerns.